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Excavator funded

Excavator funded quickly

The Problem


When a growing business found the perfect used asset, it needed to be funded quickly to service a new contract for the customer. The credit acceptance and documentation was needed asap to take the asset off market with payout completion required soon after.


The Solution


Funding was secured in 3 hours from the proposal submission. An asset inspection was required to protect the funder and customer prior to payout. This was completed in person the following morning as part of the Constructive service, so the paperwork could be submitted for payout a little over 24 hours from the initial enquiry. With the asset secured, transport was booked and the asset was out working on site on time.

Deal Details

Amount Financed

60000

Term (Years)

5

Product Type

Hire Purchase

Asset Type

Excavator

Constructive Asset Finance Ltd

Constructive Asset Finance Ltd is an Appointed Representative of Alfred Vaughan & Co Limited trading as Vaughans.  Alfred Vaughan & Co Limited trading as Vaughans is authorised and regulated by the Financial Conduct Authority, FRN 966356. Alfred Vaughan & Co Limited trading as Vaughans is an authorised credit broker and not a lender.  We work with a panel of lenders whose particulars will be supplied upon request to find a potentially suitable arrangement for your consideration. 

Constructive Asset Finance Ltd ICO registration number is ZB579553 and you can check via www.ico.org.uk.

Constructive Asset Finance Ltd is registered at Unit 2 Olympic Court Whitehills Business Park, Boardmans Way, Blackpool, FY4 5GU. Company Register number is 14996682.

Whichever lender we introduce you to we will receive commission from. Different lenders pay different amounts based on different commission models and interest amounts. For transparency we only work with commission models based on a percentage of the amount you borrow and/or a percentage of the facility service fees charged by the lender.  The percentage can vary depending on factors such as the size of the loan advance and/or complexity of your requirements. We will sometimes receive fees separately from you; for the avoidance of doubt, these sums would be confirmed in Our Terms of Business Agreement which, if applicable, will be issued to you for your review and execution prior to proceeding. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey. Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.

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